Wednesday, April 25, 2007

Ranks of the Undead: Yahoo

I really haven't followed closely enough to justify an opinion--and I am a congenital pessimist--but I admit I am one of those who has long believed that Yahoo stands among the ranks of the undead--no reason for being, and just waiting to fall over.

But Barron's points out:

[Yahoo] is maintaining its projections for a key measure of revenues--$4.95 billion to $5.45 billion, up as much as 20% from last year. And cash flow is expected to be 30% to 40% higher by the end of the year.]

As Homer would say: mmm, cash! Disclaimer: anyone who takes investment advice from me is a flaming, self-destructive lunatic.

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